Friday, February 28, 2025
HomeFinanceNvidia Earnings Spark Chip, AI Stock Selloff | Global News Avenue

Nvidia Earnings Spark Chip, AI Stock Selloff | Global News Avenue

Nvidia Earnings Spark Chip, AI Stock Selloff

stock Thursday Slideweighed by chip giant Nvidia (NVDA) Wednesday’s earnings reportleading semiconductors and other AI stocks are low.

NVIDIA shares have fallen more than 7% in recent trading, with the stock having all-time highs above 15% since early January. Chip maker Broadcom (avgo) and microns (mu) Both fell by about 6%, while the PHLX Semiconductor Index (sock) fell by more than 5%.

NVIDIA’s downturn pays great attention to major stock indexes. Nasdaq High-Tech composites fell more than 2% in late afternoon trading, while the S&P 500 parts were 1% worse, although half of the index’s components were in green green.

Nvidia Beyond street expectations Fourth quarter earnings report Wednesday night. The company’s data center revenues are agents of AI demand, nearly doubled compared to the same quarter last year. However Stocks are shakinga lag between gains and losses in the extended trading last night and this morning.

Market participants are ready on Wednesday afternoon Large post-graduate stock mobilewith the forecasted stock option pricing will rise or fall 8% this weekend. Thursday’s decline allowed NVIDIA’s stock to far exceed its expected 8% decline.

Thursday’s sell-off showed that NVIDIA’s performance was good, but not good enough for investors, as concerns over excessive AI spending and economic conditions in recent weeks have made wind energy disappear. Investors have sold rich AI stocks last week, a trend that continued with a quick clip during Thursday’s sell-off.

Supercomputer shares (SMCI), soared yesterday after AI server manufacturers Narrow deadline To avoid pulling its stock from the Nasdaq, it fell by more than 16%. Viscosity of nuclear power providers (vst) grew by more than 200% last year, down 11% as a larger AI downturn masked itself Better than expected income Report. palantir(bacteria), another of Wall Street’s favorite AI playback, glides 5%.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments